Proud to Support Veteran-Owned Businesses

Veteran Owned Business Support

I am proud to be working with veteran entrepreneurs and business owners. It is an honor to support those who have made sacrifices to defend the freedoms we enjoy.

Veteran Entrepreneurs

When you look at veterans, there are attributes that make them very suited to business ownership. Here are just a few:

  • Mission-focus with a can-do attitude:

    Consistent with their time in the service, most veterans are very resourceful at obtaining their objectives with a positive attitude. This is very important for unstructured entrepreneurial environments. There a lot of distractions for small businesses: new competitors, fun technologies, frequent opportunities, and the latest business fad. Keeping on target matters a lot.

  • Team-player:

    Veterans are the ultimate team players. They know that the mission objective cannot be achieved unless the team functions as a unit. Working with others and through others is part of the game plan. No room for rogue cowboys here.

  • Discipline, resilience, and sacrifice:

    When everything goes right, anyone can win. Veterans know that things often do not go according to plan. They anticipate setbacks and develop contingency plans. They do not get as easily discouraged, adapt to a changing situation, and understand that when the going gets tough, the tough get going. Almost all businesses need to pivot at one point or another. The veteran entrepreneur is not expecting an easy road. He or she has the grit to find success with the resources at hand.

  • Situational awareness, yet cool under pressure:

    This is one of my favorite combinations. The veterans I work with are very aware of the moving parts of their business and the ecosystems they operate in. What is going on in sales, marketing, and operations? What are competitors doing? What are customers doing? What are investors doing? Sometimes it is not a pretty picture. Yet, there is no panic. We all jump into the fox hole, put together a plan, marshal our resources, and get back into action.

  • Technical skills:

    The military is imparting practical skills in areas such as software engineering, communications, aviation, electronics, geolocation, and cybersecurity. Certainly, there are business applications for these and other skillsets.

Veteran Resources

Veterans never expect a hand-out, yet there are several programs they can take advantage of for funding. In addition, I am always amazed at how my veteran-friends all know each other. They have the best professional networks.

  • Veteran angels
  • Veteran venture capital
  • SBA programs and grants targeting veterans
  • CDFIs targeting veterans
  • Veteran networks

Veteran Preference

Many businesses like working with veterans. I sure do. Make sure you market your veteran-owned status and consider registering or certifying with the VA and other federal agencies. The US government and many large companies have supplier diversification programs which can give veteran-owned businesses an advantage.

I am here to help.

 

Resources and Links:

Task Force X Capital Management

We are a veteran-led advisory and venture capital firm focused on growing seed and early-stage veteran businesses and startups.

Source: www.tfxcap.com

 

MENTORS. The key to your dream career.

Veterati is a free mentorship platform for Service Members, Veterans, and Military Spouses to access unlimited mentors. Our mentors are successful professionals volunteering to serve those who have served our country. Our mission is to transform job search from a painful experience into an inspiring journey through the power of mentorship.

Source: www.veterati.com/

 

Veteran-Owned Businesses | The U.S. Small Business Administration | SBA.gov

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Each year, SBA serves over 200,000 veterans, service disabled veterans and military spouses across the United States and at military installations around the globe..

Source: www.sba.gov/starting-business/how-start-business/business-types/veteran-owned-businesses

 

Welcome to the Vendor Information Pages – Vendor Information Pages

A Veteran business database that lists businesses that are 51% or more owned by Veterans or service-connected disabled Veterans. It is used to promote and market Veteran-Owned Small Businesses (VOSBs) and Service Disabled Veteran-Owned (SDVOSBs).

Source: www.vip.vetbiz.gov/

 

How to Get Certified as a Veteran-Owned Business

Acknowledging your status as a veteran could give you an advantage in the business world. Here’s how.

Source: Lapowski, I. 2010 www.inc.com/guides/2010/05/veteran-owned-business-certification.html

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